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623 Mound Park Way S, Saint Petersburg, FL 33701

$799,000
  • 623 Mound Park Way S, Saint Petersburg, FL 33701 Main Photo

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Active
BEDS0 BATHS SQUARE FEET1,510 MLS#TB8551289
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNICHOLSONS J W

Property Description

Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core LocationMulti-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district.All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units.The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside.This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.

623 Mound Park Way S | MLS# TB8551289

This multi-family property located at 623 Mound Park Way S, Saint Petersburg, FL 33701 is currently listed for sale with an asking price of $799,000. Search Saint Petersburg real estate on www.adamscameroncommercial.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Ductless
Lot Size: 0.04 Acres
Roof Type: Shingle
Taxes: $7,889
Year Built: 1921

Amenities

Ninguno
Lighting

Feature Descriptions

Annual Net Income: 123.00
Days on Site: 28
Directions: Head west on mound parkway s, house is on the left.
Exterior: Frame
Flood Zone Code: X
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.04
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 3
Utilities: Cable Available
Water: Public
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: KOONS REAL ESTATE INC
Agency Contact: 218-232-6595

Shown By

Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120

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Estimated Payment

$ 5,143.07 per month $4,252.61 Principal & Interest $657.42 Property Tax $233.04 Homeowner's Insurance

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